What medical receivables funding is
A medical receivable is money a patient, insurer or other payer owes a provider for care already delivered. In most practices those balances are paid on a predictable schedule. Personal injury receivables are different. They are usually owed from a future settlement, so payment depends on how and when the case resolves.
Receivables funding is an arrangement where a funder provides money to the provider based on those outstanding balances, so the provider is not waiting on the case to be paid. The specifics, including what is funded and what the provider gives up in exchange, are set out in a written agreement.
Why providers use it
Providers choose funding for different reasons. These are the most common.
- Cover payroll, rent, supplies and equipment without waiting on settlements
- Take on more injury patients without the unpaid balance limiting growth
- Keep a steadier cash position than case timing allows on its own
How Genesis does it
You send a short request. We review your receivables and the cases behind them, explain what we can fund and how it would work, and put the terms in writing before any money moves. See the full process on our services page or read our guide to preparing your receivables.
This page is general information, not legal, tax or financial advice. Any funding is subject to review and a written agreement.